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feed-grains soy-oilseeds wheat

PM Post - Low Volume Congestive Trade

THE OPEN March beans: 7 higher March meal: .10 higher March soyoil:  89 higher March corn:    1/2 higher March wheat:   5 higher Prices opened as called but corn became the sell leg of wheat and beans.   Money flows headed to equities today as Ag prices stalled at the open, with most of the markets in a low volume congestive trade.  Meal prices sank back to test new contract lows even as soyoil prices remained firm.    SOY March bean prices moved into key resistance at $9.88, but when price action stalled, bulls took profits and new bears decided to hope on board on the lack of upside follow-through.   March soyoil drifted lower for most of the day against a steady- to-...

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Middle East, Mediterranean, and Africa Regional Analysis

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Livestock Industry Margins

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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